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FirstRain Adds Venture Capital Investment

Wednesday, August 03, 2011 5:54:00 AM PDT | VentureDeal Staff

   San Mateo, California  --  Information technology company FirstRain has landed $6.4 million in new venture capital financing.

FirstRain provides business intelligence services to companies in the financial services, pharmaceutical and high-tech industries.

Oak Investment Partners led the round, which included other undisclosed investors.

The company said it would use the new financing for growth and product development purposes.

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